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Going All In on Exclusivity or Accessibility
Manage episode 407749646 series 2864318
Contenu fourni par Colin Jeffries & Paul Frodge, Colin Jeffries, and Paul Frodge. Tout le contenu du podcast, y compris les épisodes, les graphiques et les descriptions de podcast, est téléchargé et fourni directement par Colin Jeffries & Paul Frodge, Colin Jeffries, and Paul Frodge ou son partenaire de plateforme de podcast. Si vous pensez que quelqu'un utilise votre œuvre protégée sans votre autorisation, vous pouvez suivre le processus décrit ici https://fr.player.fm/legal.
One this episode of the Rethink Marketing Podcast, Colin Jeffries and Paul Frodge discuss the tension between exclusivity and accessibility. Are we better off growing our customer base or simply seeking higher margins from a small niche? Should exclusive brands care about market share? They explore the concept of exclusivity and how it can be achieved through limited availability, specific pricing strategies, or unique offerings. They also discuss the challenges of transitioning between exclusive and mass market strategies. It starts with organization-wide alignment and permeates market perception. How will our target audience react?
Chapters:
- 00:00 - Introduction
- 01:16 - Defining Exclusivity
- 03:01 - Exclusivity vs. Market Share
- 03:58 - Differentiating Between Exclusive and Mass Market Brands
- 04:44 - The Role of Service in Exclusivity
- 06:03 - Considering Revenue Goals and Pricing Strategies
- 07:42 - Creating Exclusivity through Limited Supply
- 09:11 - Involving the Entire Organization in the Decision
- 11:21 - Understanding Audience Preferences
- 13:24 - Conclusion
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